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STOCK MARKET CALLS | NIFTY OUTLOOK | ANALYSIS 9TH MAY 2012

STOCK MARKET CALLS | NIFTY OUTLOOK | ANALYSIS 9TH MAY 2012

NIFTY OUTLOOK FOR 9TH MAY 2012

BANK NIFTY FUTURES

TREND- BEARISH

 

 

 

SUPPORT 1 9435
SUPPORT 2 9280
RESISTANCE 1 9835
RESISTANCE 2 10080

 

EXPERT VIEW

The expected sharp fall in Nifty: Udayan Mukherjee

CNBC - Managing Editor, Udayan Mukherjee TV -18 in the NIFT on Tuesday was a huge blow. 18 years after the first of January, the Nifty closed below 5,000 level. So it is difficult to say that Google will be able to maintain the 4900-5000 level of support. Nifty likely to be below the 4900-5000 levels can not be ruled out.

According to Udayan Mukherjee, Brent crude to fall in the market can not be more encouraging. After the initial fall in Brent crude was down from $ 113. The European markets as there are negative signs.

For free calls and updates watch this http://stock-market-calls.blogspot.in/2012/05/stock-market-calls-nifty-outlook_08.html